The company offers a product suite of eighty products, including a range of construction materials and construction chemicals in powder and liquid forms. They are into manufacturing, marketing, and selling high-quality construction chemicals and building finish materials in the Indian and overseas markets.
They have two manufacturing units in Valsad and Navsari, Gujarat. The Valsad unit primarily manufactures admixtures, wall putty, tile adhesives, concrete repair systems and waterproofing systems with an installed capacity of 2,500 MPTA.
MCON Rasayan India Ltd. IPO Objective
The IPO fund is primarily required to meet working capital requirements and general corporate purposes.
Why should you invest in MCON Rasayan India Ltd. IPO?
Here are your top reasons to consider investing in the IPO:
- They offer a comprehensive product portfolio in building construction materials.
- With a steep rise in construction activities and higher import charges for construction chemicals, there are new opportunities for domestic construction chemical companies.
- Allowing 100% FDI in the infrastructure sector will boost the growth of construction chemical companies.
MCON Rasayan India Company Financials
| Parameters | Year ending on As on 31st March, 2022 (₹ lakhs) | Year ending on As on 31st March, 2021 (₹ lakhs) |
|---|---|---|
| Revenue from operation | 1,921.65 | 897.77 |
| Profit After Tax | 44.40 | 18.68 |
| EBITDA | 128.04 | 91.38 |
| EBITDA Margin | 6.66% | 10.18% |
| EPS (Basic) | 2.96 | 1.25 |
| Current Asset | 1,177.52 | 685.91 |
| Current Liabilities | 463.79 | 293.31 |
Know before investing
Strengths
3An increase in construction and infrastructure development activities will boost the sector.
They are associated with clients like developers, civil contractors and architects for the marketing of their products.
They have an in-house research and development unit in Navi Mumbai, Maharashtra.
Risks
3They depend on third-party suppliers for raw materials, which limits their control over the quality of the products.
Their revenue primarily comes from the top five customers.
The business is subject to seasonal variances and market cycles that result in fluctuating operations.
